VENTAS CRECEN 8.6% Y EBITDA 5.8% EN 3T18

VENTAS CRECEN 8.6% Y EBITDA 5.8% EN 3T18

 

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REVENUE GREW 8.6% WITH EBITDA UP 5.8% IN 3Q18

Monterrey, Mexico, October 25, 2018 – Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in America, announced today its results for the third quarter and first nine months of 2018 (“3Q18” and “9M18”).

 

ENG

3Q18 HIGHLIGHTS

  • -Total revenues increased 8.6% when compared to 3Q17 to reach Ps. 40,557 million.
  • -EBITDA was Ps. 7,203 million, for a margin of 17.8%, which was 5.8% higher than 3Q17.
  • -Net Income declined 53.1% to Ps. 2,366 million, representing a net margin of 5.8%.

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“In a quarter challenged by rising prices in several of our main raw materials, various strategies we implemented to capitalize on our extensive price-pack platform and develop new commercial capabilities to strengthen execution at the point of sale, which enabled us to achieve revenue growth of 8.6% with EBITDA up 5.8%, in consolidated terms.  This puts us at a competitive advantage under the recent approval of a North American Trade Agreement that will benefit our operations in Mexico and the U.S.", stated Francisco Garza Egloff, Chief Executive Officer of Arca Continental.

 

With a well-seasoned team that is committed to serving customers and consumers with excellence, Arca Continental reaffirms its competitive position and market leadership, supported by an extensive product portfolio and geographic diversification, as well as scale and technology.

 

Download the full report here.

 

About Arca Continental

Arca Continental is a company dedicated to the production, distribution, and sale of non-alcoholic beverages which are brand names of The Coca-Cola Company as well as salty snacks under the brands of Bokados in Mexico, Inalecsa in Ecuador, and Wise in the United States. With an outstanding track record of more than 92 years, Arca Continental is the second largest Coca-Cola bottling company in Latin America and one of the most important in the world. Within its Coca-Cola franchise, the company serves a population of more than 119 million in the northern and western parts of Mexico as well as Ecuador, Peru, the northern region of Argentina and the Southwestern U.S. Arca Continental is listed on the Mexican Stock Market under the ticker symbol "AC". For further information about Arca Continental, please visit www.arcacontal.com

  

 

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